Unemployment in the Czech Republic at 3.4%, Euro area at 8%

Published: 01.06.2021 Related countries:  U.S.A. U.S.A.

The Czech Republic maintains one of the lowest unemployment rates within the European Union, currently at 3.4% according to Eurostat.

The euro area seasonally-adjusted unemployment rate was 8.0%, down from 8.1% in March 2021 and up from 7.3% in April 2020. The EU unemployment rate was 7.3% in April 2021, stable compared with March 2021 and up from 6.7% in April 2020. Eurostat estimates that 15.380 million men and women in the EU, of whom 13.030 million in the euro area, were unemployed in April 2021. Compared with March 2021, the number of persons unemployed decreased by 165 000 in the EU and by 134 000 in the euro area.

Source: Eurostat, https://ec.europa.eu/eurostat/documents/2995521/11563107/3-01062021-BP-EN.pdf/fefaeb52-a040-12ae-5c63-fd7ab4b59bbd?t=1622535776079.

Prepared by the team of CzechTrade office in New York.